TuneIn Radio Gets More Funding from Google Ventures and Sequoia Capital

It seems like internet radio is still popular and on the rise, but not in the format of On-Demand radio like Pandora. TuneIn has just raised a $16 million round of funding.

Investors in this round included Google Ventures and Sequoia Capital.

TuneIn has over 40 million monthly active listeners and growing rapidly (267% year on year).

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iHeartMedia radio network set to launch new music streaming services

Giant online radio broadcaster iHeartMedia have revealed that they’re in the process of launching a new music streaming service with 2 paid offerings. People close to iHeartMedia’s plans have revealed that they are planning to announce…

Music streaming drove 8.1% growth in recorded music business

The past few years have seen a resurgence in what many were worried was a dying music industry, with music streaming enabling 2 years of growth after 10 years of decline. Reported by Bloomberg, from…